Question
on october 30, 2009, the company assumed the operations of the Charming Shoppes' credit card program, including the service center operations assoiciated with CHARMING SHOPPES'
on october 30, 2009, the company assumed the operations of the Charming Shoppes' credit card program, including the service center operations assoiciated with CHARMING SHOPPES' branded card programs, portfolio and securitzation master trust. the transaction consisted of purchasing existing acciunts and rights to new accounts and rights to new accounts along certain other assets that are required to suppoert the seciritization program including reatined certificates and interest, cash collateral accounts, and an interest- only strip , totaling $158.9 million.
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